24Peaks / Asia / Philippines / Government Net Lending and Borrowing (% of GDP)

Philippines - Government Net Lending and Borrowing (% of GDP) -5.68

World Bank WDI · updated 2026-10-15 · 158 economies tracked

Latest value

-5.68 (2024)

Global rank

##80 of 158 economies

Share of global total

3.1%

Growth since 1990

2.3×

Ranking Race — Government Net Lending and Borrowing (% of GDP)

1 = global #1 · higher value ranks higher

#1#23#45#67#89#111#1331972198219922002201220222024#40#802023 overtook Malaysia2024 overtook Madagascar
PhilippinesNauruNorwayLesothoMacao

Real annual global ranks, 1972 - 2024. Philippines climbed from #40 to #80 (overtook Malaysia). Gaps in a lane = missing data that year.

Key events for Philippines ↓

Key Events — Philippines

Auto-detected from rank data + curated milestones

2006
Climbed 21 places in global rank auto
2013
Climbed 17 places in global rank auto
2016
Fell 16 places in global rank auto
2018
Fell 16 places in global rank auto
2021
Fell 22 places in global rank auto
2023
Overtook Malaysia in global rank auto
2024
Overtook Madagascar in global rank auto
2024
Climbed 15 places in global rank auto

Government Net Lending and Borrowing (% of GDP), 1990-2024

World Bank WDI · % of GDP · linear scale · ranking in the race above
19902000201020202024-8.27-5.67-3.07-0.47

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